If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Renting a room in a house I lease

richy · 2017-11-17 00:06:29

Hi there, Basically, I live in a house that is owned by my family. I am gonna rent out the spare room. If I have a contract/lease with my father and pay 800 pm for example to him and lease it to someone for 650 per month, what is the situation with tax etc? Will I be classed as earning 650 pm? Or will it be offset against…

17-11-2017 12:06am

#1

richy

Registered Users, Registered Users 2 Posts: 502 ✭✭✭

Join Date: May 2006

Posts: 406

Hi there,

Basically, I live in a house that is owned by my family. I am gonna rent out the spare room. If I have a contract/lease with my father and pay 800 pm for example to him and lease it to someone for 650 per month, what is the situation with tax etc?

Will I be classed as earning 650 pm? Or will it be offset against the 800 total I pay? Will the housemate be classed as a licencee?

Thanks

0

Comments

#2 17-11-2017 12:42am

[Deleted User]
Posts: 24,714 ✭✭✭✭

Join Date: -

Posts: 24714

The 650 will be tax free for you under the rent a room scheme. The person renting the room from you will be a licensee.

0